AXA Mansard seeks N18.3bn from shareholders through rights issue

The Punch | 28-09-2026 12:33am |

AXA Mansard Insurance Plc is seeking shareholders' approval to raise up to N18.3bn through a rights issue. The funds will be used to increase the company's capital base. The rights issue is subject to regulatory approvals. The move is part of efforts to strengthen the insurer's financial position and support future growth.

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